Bond Korea Industrial Bank 1.02% ( KR310505GB56 ) in KRW

Issuer Korea Industrial Bank
Market price 100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR310505GB56 ( in KRW )
Interest rate 1.02% per year ( payment 1 time a year)
Maturity 18/05/2023 - Bond has expired



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Minimal amount 10 000 KRW
Total amount 310 000 000 000 KRW
Detailed description The Industrial Bank of Korea (IBK) is a South Korean government-owned commercial bank specializing in financing small and medium-sized enterprises (SMEs) and infrastructure projects.

The Industrial Bank of Korea (IBK), a prominent South Korean state-owned financial institution primarily dedicated to supporting small and medium-sized enterprises (SMEs), recently saw the maturity and redemption of its bond identified by ISIN KR310505GB56. This specific bond, denominated in Korean Won (KRW) and issued from South Korea, carried a fixed annual interest rate of 1.02% with payments structured once per year, and had a total issuance size amounting to KRW 310,000,000,000. Investors could acquire this security in minimum increments of KRW 10,000, and it was noted to be trading at its par value of 100% prior to its maturity on May 18, 2023, at which point it was fully repaid to bondholders.